Chapter 8: Capital Gains & Losses
8.1 What are taxable capital gains and allowable capital losses?
8.2 What is Personal Use Property and Listed Personal Property? What are the tax implications? Why do these rules exist?
8.3 What is the Principal Residence Exemption? How does it impact Taxable Income and what are the basics of the calculation?
8.4 What are the ‘change in use’ rules? What are the tax implications?
8.5 What are the rules on identical properties? Why were these rules created?
8.6 What are the ‘replacement property’ rules? Why do they exist? What are the tax implications?
8.7 What is a capital gains reserve? How is it calculated? Why does it exist?
8.9 What are the superficial loss rules? What are the tax implications? Why do these rules exist?
8.10 What is the Lifetime Capital Gains Deduction? How does it impact Taxable Income and what are the basics of the calculation?
